3M India, Indian Oil, JK Tyre and Titan zoomed up to 19% in Tuesday's trade. Technical charts suggest these 4 stocks can rally to fresh life-time highs and rally up to 25% from here.
Bosch, Shree Cement, 3M India, Neuland Laboratories and Honeywell Automation are among 18 stocks from the Nifty 500 trading above ₹10,000-mark, and looking strong on technical charts. Details here
The company, whose products range from "Post-it" notes to power tools, said its profit after tax fell to Rs 114 crore ($13.05 million) for quarter ended December 31, compared to Rs 135 cr a year ago
The company, whose products range from "Post-it" notes to power tools, reported an 8.4% fall in profit after tax to 1.34 billion rupees ($15.9 million) for the second quarter ended Sept. 30
Shares of the company, which makes everything from 'Scotch' tape and 'Post-it' notes to power tools and medical products, rose as much as 11.8% to 34,599 rupees, their highest in nearly four months
Consolidated profit after tax came increased more than 8% from a year earlier to 1.35 billion rupees (about $16 million) in the third quarter ended Dec 31
Sales from three of the company's four main businesses rose, with the healthcare unit recording a 25.5% jump and accounting for more than a quarter of the company's total sales
3M is the world's biggest producer of N95 respirator masks and has seen sales surge as governments fought over supplies of protective equipment for healthcare and other essential workers